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China is moving some gold from London to new Hong Kong trading hub
China's Central Bank Adds Gold in Hong Kong to Support Hub
From Bloomberg News
Thursday, August 6, 2026
China's central bank is stockpiling more gold in Hong Kong, according to people familiar with the matter, in a move that's likely to support the city’s push to become a major bullion-trading hub.
The People's Bank of China has built up inventories in Hong Kong over the past few months, said the people, who asked not to be named discussing private matters.
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The latest additions are accelerating a longer-term trend whereby the PBOC has been moving some of its gold reserves back home from London, they added.
That relocation of metal from London to Hong Kong is set to continue, the people said. ...
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